5.
MiFID II
The Commission shall be empowered to adopt delegated acts in accordance with Article 89 to specify: the procedures for requesting treatment as clients under paragraph 2; the procedures for obtaining the express confirmation from prospective counterparties under paragraph 3; the pre-determined proportionate requirements, including quantitative thresholds that would allow an undertaking to be considered to be an eligible counterparty under paragraph 3.
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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.